5025 Lotus Street
5025 Lotus Street
$1,790,000
3
3
—
—
—
Description
Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego....Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego. Not only create the income but still have parking available for all your units on site. Seeking even higher returns? Grab one of the 800+ Short Term Rental permits availabe and create even greater cash flow here in Coastal San Diego. Pride of ownership abounds throughout the property and getting a Tri-plex like this is a once in a blue moon opportunity! Don't miss out!
- Listed by Andrew T Greer • DRE #01935052 • Brokerage DRE #02022092 • Real Broker
Property Details for 5025 Lotus Street
Area
Ocean Beach (92107)
NeighborhoodOcean Beach
CommunityOCEAN BEACH
City Postal IDOCEAN BEACH (92107)
Cross Street(s)Bacon
Location
LISTING UPDATED: 05/16/2024 03:14 PM
Property Details for 5025 Lotus Street
Status | Active |
---|---|
MLS # | 240010352 |
Days on Market | 13 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1945 |
Lot Size | 0.12 AC / 5,227 SF |
County | San Diego County |
Location
Building Information for 5025 Lotus Street
Stories2Residences-Year Built1945Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$10,834 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5025 Lotus Street
Property History for 5025 Lotus Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5025 Lotus Street
Taxable ValueLand$936,360Additions$104,040Total$1,040,400
Tax Record2023$12,785 ($1,065 / month)
Home Facts
Total Finished SqFt1,524 SqFtAbove Grade Finished SqFt1,524 SqFtLot Size5,007 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945ZoningR-4:MULTIPLECountySAN DIEGOAPN448-133-09-00
Schools near 5025 Lotus Street
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ocean Beach Elementary School PublicK to 4 | ||
Dana Public5 to 6 | ||
Correia Middle School Public7 to 8 | ||
Point Loma High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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